Automated Data Entry into Tally, Zoho Books, Quickbooks Certificate in Quantitative Finance

PT on settlement benefits

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(Querist)
12 June 2008 Whether professional tax is payable on settlement benefits such as Leave encashment, bonus etc.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
02 October 2008 Leave encashment in case of settlement will not be taken into account. But bonus is not a settlement benefit.
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